The Pros And Cons Of Extreme Poverty

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INTRODUCTION In recent years there has been great progress in reducing poverty in the world. In 1990, lived 38% of the world 's people live in extreme poverty. Today the figure is 10% and that means that the proportion of extreme poor in the world has declined by over two thirds in 25 years. Overall, this means that there are 1 billion people fewer living in extreme poverty today than in 1990. The good news is that today is the first time that both the number and proportion of extreme poor declining in all parts of the world simultaneously. But despite the progress in the right direction is still alive 700 million people in extreme poverty worldwide. Improved political relations and a growing global economy enables a radical reduction of world poverty. Great progress has…show more content…
Poverty can mean different things But there is a difference between poverty and extreme poverty. But UN:s definition of poverty is to try to survive on less than 2 dollars a day, UN:s definition of extreme poverty is to try to survive on less than 1.25 dollars a day. POVERTY IN THE US The number of poor in the United States rose slightly last year, to 46.5 million from 46.2 million in 2011. The proportion of those living below the poverty line, however, was unchanged at 15 percent of the population, according to new statistics. The figures show that the economic recovery which led to stock market rally has not yet found its way to ordinary wage earners. The working poor are counted in the US as a person who has been in the workforce for at least 27 weeks (as employed or unemployed), but whose income did not reach above the level you have defined as a kind of minimum decency threshold. The biggest differences in how common it is to be working poor is visible when the figures are broken down by educational level. Education can serve as an approximate measure of class. The higher the education level, the less likely it is to be working poor, and it is the pattern for all ethnicities and both
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